Gas Stations Shouldn’t Relax EMV Upgrade Plans

Even though the EMV deadline has been extended, retailers need to continue with their migration procedures By NACS Online Recently, American Express, MasterCard and Visa announced an extension for gasoline stations to upgrade to EMV standards, pushing back the October 2017 deadline to October 2020. But retailers shouldn’t interpret that to mean they can ignore…

U.S. Gas Prices On The Rise

The OPEC production deal has sent gasoline prices on an upward spike By NACS Online After relatively low gasoline prices across the country, pump prices are increasing as the cost of oil rises after the Organization of Petroleum Exporting Countries (OPEC) decided to keep production at its current levels, UPI reports. OPEC had previously agreed…

Amazon Reveals ‘Checkout Free’ Food Store

Amazon Go, opening early next year, to offer meal kits, essentials BY Jon Springer Amazon on Monday announced details of an ambitious new brick-and-mortar convenience store, to be known as Amazon Go, which it said would offer consumers grocery essentials, convenience items and prepared foods-to-go without requiring them to check out. The 1,800-square-foot store, located…

Study Reveals Cross-Generational Interest In Alcohol

Drinking at home outperforms on-premise occasions across all groups By NACS Online Although drinks of choice differed among generations, consumers from millennials to seniors continue to indulge in beer, wine and spirit products with regular frequency at home and on premise. This regularity creates an immense opportunity for beverage alcohol manufacturers to engage with shoppers…

Visa Announces EMV Delay

The card company has changed the U.S. domestic EMV activation deadline for automated fuel dispensers until 2020 NACS ONLINE Visa Inc. has delayed its deadline for installing EMV chip-card readers in U.S. gasoline pumps after retailer discussions made clear that they would not have enough time to complete the multibillion-dollar upgrades, reports Bloomberg. According to…